Gary Lineker wins £4.9 million tax battle with HMRC
Business Matters Magazine
by Business Matters
22m ago
Gary Lineker has won his £4.9 million tax battle with HMRC. The Match Of The Day host was told by the taxman he should have been classed as an employee of the BBC and BT Sport for his presenting duties, rather than as a freelancer. The tax authorities pursued him for £4.9 million it claimed should have been paid on income received between 2013 and 2018. It comes as part of legislation known as IR35, designed to clampdown on tax avoidance by so-called disguised employees, who charge for their services via limited companies. Throughout proceedings the presenter, 62, insisted all taxes were paid ..read more
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Billionaire Issa brothers planning £8billion takeover of fast food chain Subway
Business Matters Magazine
by Business Matters
2h ago
Asda owners, the Issa Brothers, are reportedly eyeing up a potential takeover of major fast food chain Subway. The brothers, Mohsin, 51, and Zuber Issa, 50, are understood to be plotting to acquire the sandwich chain – which has 44,000 restaurants globally – for £8billion. One source told The Sun that the brothers’ company, EG Group, believe that Subway would be an “ideal fit” for their empire. A source said: “EG Group have felt for a while that Subway treated them the same way as other franchise partners and their massive growth hadn’t been appreciated. “So what better way to show who’s boss ..read more
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How To Unblock And Access Roobet From Anywhere [Free VPN And Promo Codes]
Business Matters Magazine
by Business Matters
2h ago
Want to get started with the world’s fastest-growing crypto casino, aka Roobet? Your excitement might be thwarted when you head over to their website and find out that it is not available in your region. Well, fret not, you can still enjoy their services. Keep reading to learn how to do so and get some awesome promo codes for Roobet, like “hellagood” along the way. Roobet Unavailable How to Unblock Roobet Geo-Restrictions Geo-restrictions are when certain online content is blocked from users depending on where they are located. Websites determine your approximate location through your IP addr ..read more
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How To Manage Risks In Hiring International Employees
Business Matters Magazine
by Business Matters
2h ago
Having employees from different cultures and backgrounds is beneficial to your company. Hiring from an international pool of workers enables your company to tap a diverse range of talents and gain broader perspectives in the industry. Prioritizing workplace diversity also boosts your corporate image and allows your business to appeal to a wider market. However, selecting and hiring people from an international workforce requires more work. Aside from meticulously validating their professional background, credentials, and experience, your hiring team must navigate international labour laws and ..read more
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Next looks set to pick up troubled vintage staple Cath Kidston
Business Matters Magazine
by Business Matters
3h ago
High street giant Next is reportedly in talks to pick up the vintage-inspired Cath Kidston chain. According to reports from Sky News’ Mark Kleinman late on Monday evening, Next is set to add the brand to its growing portfolio. Cath Kidston would become the latest struggling retailer Next has swooped in to purchase. Next snapped up Made.com for £3.4million in November 2022 after the online furniture retailer crashed into administration. Just one month later, Next also went on to save fashion group Joules in a deal worth £34million. Next has over 500 stores across the UK. Cath Kidston, meanwhi ..read more
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Baroness Karren Brady CBE: Childcare is one of the greatest challenges for working mothers to running a successful business
Business Matters Magazine
by Business Matters
4h ago
Despite the Chancellor announcing an expansion of 30 hours free childcare provision as part of the Spring Budget, there is concern across the UK from those who don’t think the measures go far enough, but Baroness Karren Brady CBE says more needs to be done. It comes as new research from Simply Business, one of the UK’s biggest providers of small business insurance, has revealed that half (51%) of women small business owners want better access to, and more affordable childcare provision. Two fifths say managing childcare and family responsibilities is currently one of their greatest chall ..read more
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Royal Mail bosses threaten to declare insolvency as pay talks near collapse
Business Matters Magazine
by Business Matters
7h ago
Long-running talks between Royal Mail and the Communication Workers Union are on the brink of collapse, with the company’s board thought to have threatened to put the loss-making postal service – the regulated UK entity that delivers to every address in the country – into a form of administration if a deal cannot be agreed. A politically explosive move to declare the postal service insolvent is regarded by Royal Mail’s board as a last resort but has been raised with the union already. “We are aware of the speculation,” said a Royal Mail spokesperson. “If we have anything to add to our previou ..read more
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Optimism is rising as retailers bounce back
Business Matters Magazine
by Business Matters
8h ago
Retailers are becoming more optimistic about their near-term trading outlook after a “challenging winter”. For the first time since last September, a majority expect their sales to rise over the next month, according to the latest distributive trends survey from the CBI. Of the 135 companies polled by the business organisation, a net balance of 9 per cent predict an increase in their sales during April. For the previous five months that reading had been negative. Despite the gloominess hanging over the economy, shops generally have fared better in recent months than some analysts had feared ..read more
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Binance faces US ban for ‘breaking laws’
Business Matters Magazine
by Business Matters
8h ago
Binance faces a ban in the United States after being sued by an American watchdog for breaking and ignoring a host of financial and market rules. In a searing court filing, the Commodity Futures Trading Commission alleged that the world’s largest crypto trading platform had put its commercial success over compliance with US law in what it quoted company executives as saying was a “biz decision”. It listed complaints including that Binance had helped its customers to evade its own controls, had actively grown its American customer base despite claiming that it was restricting it from the platf ..read more
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Airbnb tempts London home owners for coronation weekend
Business Matters Magazine
by Business Matters
8h ago
It is expected to be one of the busiest weekends of the decade in London when people flock from all corners of the globe to join the celebrations for the coronation in May. Airbnb, the world’s biggest self-catered accommodation platform, is enticing new hosts with the offer of a £100 “travel coupon” for those taking their first guests over the long weekend. Hotels are expecting bumper demand for the coronation weekend. Gordon Drake, the chief executive of the Doyle Collection, which includes the five-star Kensington Hotel, said its would be fully booked for the coronation by next week. He sai ..read more
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